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The Cleansing Effect of Recessions

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Author Info
Caballero, R.J.
Hammour, M.L.

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Abstract

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Publisher Info
Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number 1991_59.

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Length: 24 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:clu:wpaper:1991_59

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Keywords: industry ; production ; demand ; business cycles;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Jovanovic, Boyan & Lach, Saul, 1989. "Entry, Exit, and Diffusion with Learning by Doing," American Economic Review, American Economic Association, vol. 79(4), pages 690-99, September. [Downloadable!] (restricted)
    Other versions:
  2. Steve J. Davis & John Haltiwanger, 1991. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," NBER Working Papers 3728, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Caballero, R.J. & Lyons, R.K., 1990. "Externalities And Cyclical Factor Productivity," Discussion Papers 1990_17, Columbia University, Department of Economics.
  4. J. Bradford De Long, 1990. ""Liquidation" Cycles: Old-Fashioned Real Business Cycle Theory and the Great Depression," NBER Working Papers 3546, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. Philippe Aghion & Peter Howitt, 1990. "A Model of Growth Through Creative Destruction," NBER Working Papers 3223, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Hammour, M.L. & Gali, J., 1991. "Long Run Effects of Business Cycles," Discussion Papers 1991_18, Columbia University, Department of Economics.
  7. Steven J. Davis & John Haltiwanger, 1990. "Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications," NBER Chapters, in: NBER Macroeconomics Annual 1990, Volume 5, pages 123-186 National Bureau of Economic Research, Inc. [Downloadable!]
  8. Shleifer, Andrei, 1986. "Implementation Cycles," Journal of Political Economy, University of Chicago Press, vol. 94(6), pages 1163-90, December. [Downloadable!] (restricted)
  9. Caballero, R.J., 1990. "A Fallacy Of Composition," Discussion Papers 1990_01, Columbia University, Department of Economics.
    Other versions:
  10. Howitt, Peter & McAfee, R Preston, 1987. "Costly Search and Recruiting," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(1), pages 89-107, February. [Downloadable!] (restricted)
  11. Dickens, William T., 1982. "The productivity crisis: Secular or cyclical?," Economics Letters, Elsevier, vol. 9(1), pages 37-42. [Downloadable!] (restricted)
  12. Robert E. Hall, 1991. "Labor Demand, Labor Supply, and Employment Volatility," NBER Chapters, in: NBER Macroeconomics Annual 1991, Volume 6, pages 17-62 National Bureau of Economic Research, Inc. [Downloadable!]
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This page was last updated on 2009-11-16.

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